EANS-News: Kapsch TrafficCom AG closes the sale of its stake inParkJockey Global Inc.

Corporate news transmitted by euro adhoc with the aim of a Europe-wide
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Vienna – Kapsch TrafficCom sold its stake in ParkJockey Global Inc., USA. The
transaction is expected to cause a positive one-time effect in financial income
of about EUR 5 million.

Kapsch TrafficCom has held a stake in ParkJockey since 2016. The company
provides intelligent off-street parking solutions. With an increasing
integration of additional non-transportation services by ParkJockey, the
strategic contribution to Kapsch TrafficCom core business was being diluted. An
offer by ParkJockey to buy back the shares held by Kapsch TrafficCom was
consequently accepted.

end of announcement euro adhoc

issuer: Kapsch TrafficCom AG
Am Europlatz 2
A-1120 Wien
phone: +43 1 50811 1122
FAX: +43 1 50811 99 1122
mail: ir.kapschtraffic@kapsch.net
WWW: www.kapschtraffic.com
ISIN: AT000KAPSCH9
indexes:
stockmarkets: Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/411/aom

Press contact:
Alf Netek
Chief Marketing Officer & Press Officer
Kapsch Aktiengesellschaft
Am Europlatz 2
1120 Vienna
Austria
T +43 50 811 1700
alf.netek@kapsch.net
Alexandra Vieh
Head of Marketing and PR, Global
Kapsch TrafficCom AG
Am Europlatz 2
1120 Vienna
Austria
T +43 50 811 1728
alexandra.vieh@kapsch.net
Investor Contact:
Hans Lang
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2
1120 Wien
Österreich
T +43 50 811 1122
ir.kapschtraffic@kapsch.net

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